mrtools wrote: Mon Mar 06, 2023 3:58 am
Added all the averages, prices, and rsi's with a bunch of filter options, going to need a lot of testing and sharing results here.
A lot of combat testing is required.
My initial thoughts:
1. For example, use 70, 30, RSI period 13, trade 5 minutes of foreign exchange. It sends signals per day, between 2-4. Initially, there is no stop loss (or a large number that will hardly be triggered, such as 8000), only take profit.
2. If the first signal takes profit, of course it is good.
3. If the first signal loses, then the second signal in the opposite direction appears and places an order, and it is possible to turn the loss into a win.
4. If the above 3 items are still losses, and the third opposite direction signal appears and the order is placed, or even the fourth opposite direction signal appears and the order is placed, it will generally make money every day.
5. If the EA sets a "loss markup" strategy, such as referring to the martingale markup technique, the profit of the next signal in the opposite direction minus the loss of the previous signal can almost make money.
6. If you use the above strategies to trade varieties with much less volatility than foreign exchange (that is, varieties that are not affected by non-agricultural and interest rate meetings, and do not suddenly rise and fall), it is almost the holy grail.
In my thinking, I don't approve of high-frequency trading (i.e., frequent trading dozens of times a day) or the original martingale's unlimited approach to adding positions. Because of unlimited position addition, the principal is limited, and sooner or later it will burst the position.
I still don't understand the "loss increase" strategy in the teacher's EA. Test slowly.
The merit is immeasurable!